Natiivo Fort Lauderdale

NATIIVO

FORT LAUDERDALE

37.4%

Target Investor IRR

3.56x

Target Investor Equity Multiple

WWW.ERICHMARTINGROUP.COM

DISCLOSURE THIS PRESENTATION HAS BEEN PREPARED BY ERICH MARTIN GROUP EXCLUSIVELY FOR INFORMATIONAL AND DISCUSSION PURPOSES ONLY AND IS INTENDED ONLY FOR THE PERSON TO WHOM IT HAS BEEN DELIVERED. THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION WITH RESPECT TO THE PURCHASE

Table of Contents

OR SALE OF ANY SECURITY. ANY FINANCIAL INFORMATION CONTAINED HEREIN IS PRELIMINARY AND UNAUDITED. IF ERICH MARTIN GROUP ORGANIZES AN ENTITY TO INVEST IN THE PROJECT DESCRIBED HEREIN AND MAKES AN OFFERING OF THAT ENTITY’S INTERESTS, ANY INVESTMENT DECISION IN CONNECTION WITH SUCH ENTITY SHOULD BE MADE BASED ONLY ON THE INFORMATION CONTAINED IN THE APPLICABLE OFFERING DOCUMENTS, WHICH WILL BE PROVIDED TO PROSPECTIVE INVESTORS.

2

Sponsorship

8

Natiivo Overview

14

Project/Market Overview

27

Business/Plans Financials

35

Appendix

ANY INFORMATION CONTAINED IN THIS PRESENTATION IS SUBJECT TO, AND QUALIFIED IN ITS ENTIRETY, BY THE INFORMATION PROVIDED IN ANY SUCH OFFERING DOCUMENTS. THIS PRESENTATION IS STRICTLY CONFIDENTIAL AND MAY NOT BE REPRODUCED OR REDISTRIBUTED IN WHOLE OR IN PART NOR MAY ITS CONTENTS BE DISCLOSED TO ANY OTHER PERSON UNDER ANY CIRCUMSTANCES. IT IS NOT

INTENDED

TO

CONSTITUTE

LEGAL,

TAX

OR

ACCOUNTING

ADVICE,

OR

INVESTMENT

RECOMMENDATIONS.

NO REPRESENTATION OR WARRANTY IS MADE AS TO THE ACCURACY, CONTENT, SUITABILITY OR COMPLETENESS OF THE INFORMATION, ANALYSIS OR CONCLUSIONS OR ANY INFORMATION FURNISHED IN CONNECTION HEREWITH CONTAINED IN THIS PRESENTATION. ERICH MARTIN GROUP AND ITS MEMBERS EXPRESSLY DISCLAIM ANY AND ALL LIABILITY FOR EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES THAT MAY BE CONTAINED IN, OR FOR OMISSIONS FROM OR INACCURACIES IN, THIS PRESENTATION OR ANY OTHER ORAL OR WRITTEN COMMUNICATION TRANSMITTED OR MADE AVAILABLE TO A PROSPECTIVE INVESTOR.

INFORMATION IN THIS PRESENTATION CONSTITUTES “FORWARD LOOKING ST ATEMENTS,” WHICH CAN BE IDENTIFIED BY THE USE OF FORWARD LOOKING TERMINOLOGY SUCH AS “MAY,” “WILL,” “SHOULD,” “EXPECT,” “ ANTICIPATE,” “TARGET,” “PROJECT,” “ESTIMATE,” “INTEND,” “CONTINUE” OR “BELIEVE” OR OTHER VARIATIONS THEREON OR COMPARABLE DUE TO VARIOUS RISKS AND UNCERTAINTIES, ACTUAL EVENTS OR RESULTS OR THE ACTUAL PERFORMANCE OF ANY INVESTMENT MAY DIFFER MATERIALLY FROM THOSE REFLECTED OR CONTEMPLATED IN SUCH FORWARD LOOKING STATEMENTS. MORE SPECIFICALLY, THE PROJECTIONS DESCRIBED HEREIN MAY BE ADVERSELY AFFECTED BY VARIOUS FACTORS, INCLUDING BUT NOT LIMITED TO: FUTURE OPERATING RESULTS, THE VALUE OF THE ASSETS AND MARKET CONDITIONS AT THE TIME OF DISPOSITION , ANY RELATED TRANSACTION COSTS, AND THE TIMING AND MANNER OF SALE , ALL OF WHICH MAY DIFFER FROM THE ASSUMPTIONS CONTAINED HEREIN ON WHICH THE VALUATIONS CONTAINED HEREIN ARE BASED.

ERICH MARTIN GROUP & BLAKE CAPITAL GROUP - PRINCIPALS

Matt Nusbaum MANAGING PARTNER Matt Nusbaum, Founder of Erich Martin Group, is an out of the box thinker with a corporate background in sales and marketing. He has a track record of success and has partnered in over $300M of value add apartment deals consisting of 2,100+ units.

Ian Djuric FOUNDING PRINCIPAL PRESIDENT Ian Djuric is the Founder and President of the Djuric Family Office overseeing the family’s real estate portfolio and equity investments. Djuric FO invests both as a sponsor/operator and general partner, with a historical track record totaling 6,400+ units, heavily focused in Texas, Florida and other high growth markets in the Southeast United Sates.

02.

INVESTMENT HIGHLIGHTS - SPONSORSHIP

BLAKE CAPITAL GROUP

Blake Capital Group serves as the real estate investment and private equity arm of The Djuric Family Office, a multistrategy wealth manager with extensive experience across real estate, venture capital and waste management.

Blake Capital Group selectively targets investments in across

Total AUM

$1,600,000,000

Total Properties

33

Acquired Total Units

6,436

Acquired Total Units Full

1,406

Cycle Historical Average

55%

IRR Markets

21

Asset

Multifamily

Classes

Self Storage Industrial

CRE asset classes, as both a sponsor and an equity investor.

Current and prior acquisitions total $1.6B, and 6,436

Target Return Profiles

Value-Add, Core-Plus

multifamily units, 1,406 of which have been sold yielding an average IRR of 55%. Blake Capital and Djuric Family Office have never lost investor capital, nor returned less than a 19% IRR to investors.

03.

NEWGARD DEVELOPMENT GROUP - KEY PERSONNEL

Harvey Hernandez is the Founder & CEO of Miami-based Newgard Development Group. Fueled by his creativity and armed with a diehard entrepreneurial spirit, Harvey first began his involvement in real estate development during the 1990’s as a hands-on investor in the rapidly expanding Miami market.

Harvey has spent more than two decades in the South Florida market – observing the city’s tremendous capacity for change and progress. Always holding firm to excellence and being at the forefront of the industry, Harvey continues to revitalize high-end residential markets in South Florida by developing

Harvey

innovative projects that deliver the best in location, cutting-edge amenities, luxury finishes, and forwardthinking design. Harvey currently resides in Miami, FL.

Hernandez FOUNDING PRINCIPAL CEO Carmine Berardi has extensive experience in the commercial real estate industry having worked on over $2.5 billion of real estate transactions. He has vast experience in acquisitions, development, capital sourcing, asset management and leasing.

Prior to joining Newgard, Berardi served as Associate Director of Acquisitions and Development at Strategic Capital, a Fortune Global 500 company and one of the world’s largest real estate investment groups. He was responsible for acquisition activities primarily in the New York City metro area. Berardi also served as a business development manager and financial analyst at the

Carmine Berardi DIRECTOR, ACQUISITIONS AND CAPITAL MARKETS

Pennsylvania Real Estate Investment Trust.

Berardi holds an M.B.A. from Columbia Business School and a Batchelor of Science in Finance and International Business with a minor in Real Estate from Villanova University.

04.

NEWGARD DEVELOPMENT GROUP - EXECUTIVE TEAM

Kate

Warren

Alexandra

Sanko VICE PRESIDENT OF INTERIOR DESIGN

Stamm

McCausland

GENERAL COUNSEL

CORPORATE CONTROLLER

Bromley

Javier

Stephanie

Kelly

Cuadros

Adames

SENIOR VICE PRESIDENT OF CONSTRUCTION

SENIOR VICE PRESIDENT OF DEVELOPMENT

SENIOR VICE PRESIDENT OF MARKETING

05.

INVESTMENT HIGHLIGHTS - SPONSORSHIP

As leaders in residential lifestyle development across the United States, Newgard Development Group represents 50 plus years of innovative real estate design, marketing, and construction

-

assuring

completion.

With

a

excellence

forward

from

thinking

concept

to

approach

to

Gale Boutique Hotel

development and architecture, Newgard transforms the way buildings and spaces come to life with a passionate commitment to enhancing and elevating its surrounding communities. Led by CEO, founder and visionary, Harvey Hernandez has fueled the hallmarks of the Newgard’s projects, from luxury buildings with cutting edge amenities, to revitalizing high-end residential markets and pioneering the category of flexible ownership.

Newgard has developed and managed projects ranging from $20M - $250M in key markets with a focus in Florida, Texas, and Tennessee. Recent notable projects include Lofty Brickell, Natiivo Austin, Natiivo Miami, Gale Residences Ft. Lauderdale Beach, Gale Hotel, Brickell House, Centro and One Flagler, among others.

Natiivo | Austin

Natiivo | Miami 06.

NEWGARD DEVELOPMENT GROUP - TRACK RECORD

Property Name

City

State

Asset Class

Investment Type

Unit Count

Douglas Place

Miami

FL

Condo

Development

83

--

Completed

Gables View

Miami

FL

Condo

Development

88

--

Completed

Mediterranea

Miami

FL

Condo

Development

183

--

Completed

Villa Calabria

Miami

FL

Luxury Condo

Development

35

--

Completed

Gallery Art

Miami

FL

Luxury Condo

Development

176

--

Completed

Solaris on Brickell

Miami

FL

Luxury Condo

Development

138

--

Completed

City Palms

West Palm Beach

FL

Luxury Condo

Development

303

--

Completed

BrickellHouse

Miami

FL

Luxury Condo

Development

374

32,000

Completed

NIIDO / Orlando

Orlando

FL

Multifamily

Acquisition

324

--

Completed

NIIDO / Nashville

Nashville

TN

Multifamily

Acquisition

328

--

Completed

Centro

Miami

FL

Luxury Condo

Development

352

--

Completed

One Flager

Miami

FL

Office

Condo Conversion

--

150,000

Completed

Gale Boutique Hotel

Fort Lauderdale

FL

Hotel

Development

94

--

Completed

Gale Residences

Fort Lauderdale

FL

Luxury Condo

Development

129

--

Completed

Nattivo Austin

Austin

TX

Luxury Condo

Co-GP

249

--

Completed

Nattivo Miami

Miami

FL

Luxury Condo

Co-GP

440

--

Under Development

Project M

Miami

FL

Luxury Condo

Development

169

--

Under Development

LOFTY BRICKELL

Miami

FL

Mixed Use

Development

784

29,500

Under Development

LOFTY / Coral Gables

Coral Gables

FL

Multifamily

Development

350

--

Under Development

LOFTY / Fort Lauderdale

Fort Lauderdale

FL

Mixed Use

Development

380

45,000

Under Development

Multifamily

652

Condo

4,233

Total

Commercial SF

Status

$2,477,000,000

07.

Natiivo Overview

*All renderings are subject to change

WHAT IS NATIIVO?

Natiivo is a one-of-a-kind ownership experience providing buyers with the surety of ownership combined with the flexibility and profitability of a professionally managed short-term rental platform.

Created from the growing desire for more authentic, immersive ways to experience a destination, Natiivo is the new way to stay for the curious, independentminded person. As a homesharing-based owners concept, Natiivo offers owners the ability to list their unit on any homesharing platform as desired. By combining the local atmosphere of a homestay with

NATIIVO

the service, security, and consistency of a hotel, Natiivo fills a gap in the hospitality landscape by delivering a unique, forward-thinking option for people with a modern, flexible lifestyle.

09.

NATIIVO/LOFTY HISTORY

Sold Out

Natiivo | Austin Natiivo Austin was the first of the Natiivo properties. The project has gone full cycle, delivering over a 27% IRR and a 2.2x Equity Multiple for investors.

10.

NATIIVO/LOFTY HISTORY

100% Pre-Sold

Natiivo | Miami Natiivo Miami sold out in less than 12 months and is the first of building of it’s kind in the Miami MSA. Natiivo Miami will have gone full-cycle by February ‘24. Projected 36% IRR and 3.4x EM for investors.

11.

NATIIVO/LOFTY HISTORY

95% Pre-Sold

Lofty | Brickell Lofty Brickell sold out in less than 12 months and is going vertical in less than 60 days. Lofty is a sister brand to Natiivo and offers a similar combination of amenities and condos. Projected returns are 40% IRR with a 4.0x Equity Multiple.

12.

NATIIVO/LOFTY HISTORY

Pre-Sales begin Nov 1

Natiivo | Ft. Lauderdale Natiivo Ft. Lauderdale is the next planned development in the Natiivo family of properties and is uniquely situated to provide value to both its investors and future condo owners.

13. *All renderings are subject to change

Project/Market Overview

*All renderings are subject to change

NATIIVO FORT LAUDERDALE - OVERVIEW In conjunction with Newgard Development Group & Blake Capital Group, Erich Martin Group is pleased to offer the opportunity to invest in Natiivo Fort Lauderdale, a to-be-built, 39-story, luxury condominium tower centrally located in the heart of Fort Lauderdale. The proposed project will offer 381 fully-finished and furnished condominiums. Residents and guests will enjoy luxury amenities as well as complementary ground floor retail and office space.

37.4% Target Net Investor IRR

In keeping with the Natiivo Brand, Natiivo Fort Lauderdale will be licensed as a condo-hotel, which will offer condominium owners flexible ownership with no rental restrictions, and on-site service to fully manage the guest experience on behalf of owners.

3.56x

Target Net Investor Equity Multiple

8.0% Preferred return

48 Mos Hold Period

15. *All renderings are subject to change

SITE/MARKET HIGHLIGHTS

Prime Location Within a High-Growth Market The project site is centrally located in Downtown Ft Lauderdale.

• Walking distance to: ⚬ Brightline High-Speed Train Station ⚬ Las Olas Entertainment District In recent years, the Fort Lauderdale market has enjoyed significant property value appreciation and population growth.

• This in-migration and market growth are widely expected to continue.

• The large percentage of all-cash and international buyers has insulated the South Florida condo market from the effects of rising interest rates.

Product-Market Fit Natiivo Fort Lauderdale will offer high-end, branded condos at an attainable price point.

• Smaller unit sizes are projected to sell at an average of $872k per unit. ⚬ Entry-level new development condos in the Downtown submarket very rarely sell for less than $1M, with the majority priced from $2M-$5M.

• Smaller, lower-priced units in a fully-amenitized, luxury building appeal specifically to the modern, flexible buyer that Natiivo targets.

*All renderings are subject to change

INVESTMENT HIGHLIGHTS - LOCATION

The site boasts an irreplaceable location in the heart of Downtown Fort Lauderdale and will offer residents and guests a high degree of walkability with immediate proximity

to

bars,

restaurants,

shopping

and

transportation.

The highly trafficked Las Olas District is within walking distance of the site, providing ample shopping, dining and nightlife options.

• Las Olas is the primary east-west thoroughfare in Downtown Fort Lauderdale, and offers patrons a wide variety of attractions including bars, restaurants, shopping, and art galleries.

• The destination has annual visitation of about 3.4 million people according to Placer.ai, a 29% increase since 2017.

For out of state owners and guests, Fort Lauderdale Intl Airport is located only six miles away from the site, offering convenient access and abbreviated travel time.

17.

INVESTMENT HIGHLIGHTS - PRIME LOCATION IN A HIGH GROWTH SUBMARKET

The subject site is located less than a quarter mile from the Fort Lauderdale Brightline Station, which offers service from Miami to Orlando.

• Since opening in January of 2018, the Brightline has offered an alternative to South Florida commuters. The utility of the Brightline has been greatly enhanced by the population growth attributable to in-migration during and after COVID. • Currently, the Brightline services six stops; Miami, Aventura, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando.

• Continued Central Florida expansion anticipates extending service to Tampa.

• From the Wall Street Journal* ⚬ The Brightline reported a 68% YoY increase in ridership in March 2023. ⚬ In Fort Lauderdale, home values within the ZIP code near the station have appreciated by 67% from 2018 through 2022, compared to 33% for broader Broward County. *\https://www.wsj.com/articles/the-biggest-south-florida-housing-boom-is-near-the-rail-stations-d6101467

18.

MARKET SNAPSHOT - GREENSTREET REPORT

Market Overview Increased mobility in South Florida from Brightline inter-city rail expansions, which now connect Miami to West Palm Beach, has benefited Fort Lauderdale as companies and consumers flock to the area for its desirability and proximity to Miami. Future Tech Enterprise, El Al, DNA Labs International, and American Queen Voyages are among new firms to the market. With the help of incentive programs from the Greater Fort Lauderdale Alliance (GFLA), steady job growth has continued in the healthcare, tech, FIRE, and professional / business services industries. Fort Lauderdale is poised for growth this decade, seen in the plans unveiled by the city’s Downtown Development Authority (DDA). The DDA announced that by ’30, the city will see ~20 new urban core developments, including ~13k residential units, ~600k square feet of retail, over 1M square feet of office, and ~1k hotel rooms. Further in-migration from the costlier Miami should benefit the market’s near-term performance.

Top Employers Nova Southeastern University AutoNation First Service Residential

Mednax

HEICO

UKG, f.k.a. Ultimate Software

Spirit Airlines

The Castle Group

American Express

JM Family Enterprises

MARKET OVERVIEW - FORT LAUDERDALE

Fort Lauderdale As with many Florida markets, Fort Lauderdale has experienced tremendous growth in recent years. The submarket has benefitted from the in-migration of residents and businesses to Miami-Dade County, which has overflowed into surrounding areas. The addition of the Brightline high-speed train has enhanced the viability of commuter submarkets to the benefit of Fort Lauderdale.

Fort Lauderdale condo market pricing has increased dramatically as new residents seek to relocate to an urban environment. Branded luxury condo developments are at the forefront of this enhanced buyer demand, with amenitized and professionally managed luxury projects commanding superior pricing.

Despite headwinds in the national housing market, developers and economists alike predict continued growth in most Florida markets.

Miami and Fort Lauderdale are expected to continue to benefit from in-migration. Further, it is anticipated that the prevalence of all-cash and international buyers will insulate the South Florida condo market from interest rate sensitivity.

20.

MARKET OVERVIEW - TOURISM

Fort Lauderdale Tourism Fort Lauderdale's enduring popularity as a travel destination stems from its renowned beaches, shopping and dining options, vibrant nightlife, and cultural attractions.

With an average annual influx of approximately 10 million tourists, the city significantly bolsters its economy with tourism directly accounting for 7.7% of its total GDP (2018) ranking it in the top 15 cities globally.

The strong tourism component of the local economy drives corresponding employment. According to the Florida Department of Economic Opportunity, the tourism sector supports approximately 93,500 jobs. ⚬ According to "Visit Lauderdale", February 2023 was a historic month for the hotel industry. Hotel demand was 15% higher than February of 2019, translating to 9,800 more hotel rooms sold. ⚬ The average daily demand for lodging is 29,941 which is a 1.9% increase from the previous year. ⚬ In 2022, Fort Lauderdale generated $126.75M in Tourism development tax, a 29.78% increase from pre pandemic levels.

MARKET OVERVIEW - TOURISM

Key Tourism Drivers The Beaches: • Fort Lauderdale remains a premier tourist destination given its highly regarded beaches, including Fort Lauderdale Beach, which was ranked 18th on TripAdvisor's 2022 list of top beaches in the US.

Ft. Lauderdale Convention Center: • The Fort Lauderdale Convention Center is presently undergoing a $1 billion expansion project, aiming to accommodate the growing demand. With its ability to attract over 3 million visitors each year, the convention center plays a vital role in the city's tourism industry.

Port Everglades: • Port Everglades, serving as the third largest cruise port globally, facilitates the operations of 10 distinct cruise lines, while accommodating an average of 4 million cruise passengers a year.

NATIIVO PROJECT OVERVIEW

Asset Type

Mixed Use

Location

Ft. Lauderdale, FL

Address

520 West Broward Blvd

Total Land Area

.78 Acres

Project GSF

626,321 SF

Residential NSF

288,896 SF

Office SF

57,015 SF

Retail SF

7,504 SF

Total Parking

553 Spaces

Unit Mix

Unit Count

Unit SF Range

Projected Sale Price

$/PSF

Studio

62

430 SF

$494,500

$1,150

1 Bedroom

159

663-696 SF

$762K-$800k

$1,150

2 Bedroom

128

760-912 SF

$874K-$1.048M

$1,150

3 Bedroom

32

1,225 SF

$1.4M

$1,150

Totals/Averages

381

787 SF

$871,995

$1,150

*Units sizes and layouts are subject to change *All renderings are subject to change

23.

INVESTMENT HIGHLIGHTS - PRODUCT-MARKET FIT

In addition to a flexible ownership structure, Natiivo Fort

758 SF

Lauderdale will offer buyers highly competitive pricing.

Average Unit Size

Natiivo Fort Lauderdale projects units sales at an average price

Projected Price/Unit $871,996

of $871K per unit.

Projected Price/ft

• This represents a substantial discount to competitive product currently in the market and projected new supply

$1,150

Anticipated Delivery 2027

on a gross dollar basis.

New Deliveries Asking Price Data* Anticipated Delivery

Avg Unit Size

Avg Price/Unit

Avg Price/Ft

The Edison Residences

2025

2,546

$3,595,600

$1,412

Sixth and Rio

2024

2,119

$1,936,181

$1,048

3000 Waterside

2025

1,914

~$1,800,000

~$950

Project

*Data obtained by Blake Capital, 05/2023. Information deemed reliable. Neither Blake Capital , EMG, nor Newgard make any guarantees as to the accuracy of this information. *All renderings are subject to change

24.

FORT LAUDERDALE CONDO MARKET - COMPARISON

Asset

Natiivo FLL

Other FLL Condos**

Average Size

787 Sq Ft

2,193 Sq Ft

Average Price

$871,995

$2,443,927

Fully Furnished?

Yes

No

Primary Reason for

Vacation Residence/

Primary/Secondary

Purchase

Investment Property

Residence

Short-Term Rental

Yes, only product in

Ability

the market*

No

*Short term-rental permits are

**Other Condos include: The Edison

possible because Natiivo Fort

Residences, Sixth and Rio, and 3000

Lauderdale is licensed as a condo-

Waterside.

hotel.

25.

SALES COMPS - SOLD UNITS

Sales Comps - Sold (within 12 months) Project Name

Year Built

Avg Unit Size

Avg Price/Unit

Avg Price/Ft

Number of Closed Sales

View

1

363 Sunset

2017

3,952

$4,336,333

$1,092

3

River

2

Tiffany House

2018

1,109

$1,073,412

$968

37

Intracoastal

3

Aquablu

2018

3,169

$2,795,000

$875

1

Intracoastal

4

100 Las Olas Blvd

2018

2,447

$1,900,211

$776

38

None

5

Sabbia Beach

2019

1,832

$2,042,500

$1,115

4

Ocean

6

Paramount Ft Lauderdale

2017

2,317

$2,228,000

$987

37

Intracoastal

7

Auberge Residences

2018

2,588

$4,021,385

$1,554

13

Ocean

Total/WTD Average

2,218

$2,015,882

$982

133

Natiivo Fort Lauderdale

758

$871,996

$1,150

26. *All renderings are subject to change

Business Plan and Financials

*All renderings are subject to change

DEVELOPMENT TIMELINE

Pre-Development

Construction Completion

Seller has submitted site plan for

Land Closing

approval. Pre-dev work to

Sponsorship will close on the site

continue.

June

subject to site plan approval.

2023

2023

Sponsor to top out construction and receive temporary certificate of occupancy.

December

November 2023

Pre-Sales Sponsor to begin pre-sales, projecting 70% in presold units over the development period.

Q4 2026

December

Q1 2027

2024

Construction Loan Closing

Closing and Exit Sponsor will close on all executed

Sponsorship will close on the

contracts and distribute proceeds to

construction loan and begin

investors.

vertical construction.

• Investors are entering the project after the land is fully entitled and ready for land development, reducing the risk an investor takes on.

• Target returns conservatively project a 48-month hold period vs sponsor expectations of 36-40 months.

28. *All renderings are subject to change

FINANCIAL SUMMARY

Sources

Total Amount

Construction Loan

$128,416,816

Presales

$/ft

Uses

Total Amount

$329.02

Land Acquisition

$31,242,000

$88.28

$116,280,640

$363.36

Soft Costs/Financing/Fees

$95,599,588

$270.13

Differals

$19,293,041

$54.59

Hard Costs

$149,835,000

$423.38

Investor Equity

$18,000,000

$50.59

Contingency

$9,913,910

$28.01

Sponsor Equity

$4,600,000

$13.58

Totals

$286,590,498

$811.48

Totals

$286,590,498

$811.48

Projected Revenue

$/ft

Total Amount

Residential Sale Proceeds

$345,000,000

Commercial Sale Proceeds

$51,750,000

Retail Sale Prooceeds

$6,750,000

Net Sale Proceeds

$403,500,000

Total Project Costs

$294,432,020

Net Profit

$109,067,980

*All renderings are subject to change

29.

FINANCIAL SUMMARY

95% Pre-Sold

Sold Out

Lofty | Brickell

Natiivo | Austin Presale Deposits cannot be used as part of the

Presale Deposits can be used as part of the capital

capital stack

stack

27% IRR | 2.2x EM

Projected Returns: 40% IRR | 4.0x EM

Pre-Sales Begin Nov 1

Natiivo | Ft. Lauderdale Presale Deposits can be used as part of the capital stack *All renderings are subject to change

Target: 37.4% IRR | 3.56x EM

30.

SAMPLE INVESTMENT & RETURNS

Sample Investment

Closing

Year 1

Year 2

Year 3

Year 4

Investment

-$1,000,000

$0

$0

$0

$0

Distribution

$0

$0

$0

$0

$3,542,686

Net Cash Flow

-$1,000,000

$0

$0

$0

$3,542,686

Target Net Investor IRR Target Net Investor Equity Multiple

37.4% 3.56x 31.

*All renderings are subject to change

NATIIVO - MAIN REASONS TO INVEST

1.)

Prime Location Within Fort Lauderdale Natiivo Ft Lauderdale boasts an unparalleled location, strategically positioned at 200 W Broward Blvd within the vibrant Las Olas Art District in downtown Fort Lauderdale. This prime locale pulsates with an array of exquisite dining options, an electric nightlife scene, cultural treasures like museums, and seamless accessibility to Miami through the convenient utilization of the Brightline train

2.) One of a Kind Product in Fort Lauderdale Natiivo Ft Lauderdale stands as the pioneering luxury condominium high-rise poised to debut in the downtown Fort Lauderdale market, uniquely designed with the purpose of capitalizing on the opportunity to monetize units through homesharing platform

3.) Ability to Leverage Presale Deposits for Construction Costs In contrast to many other states, Florida offers developers the advantage of utilizing presale deposits to cover construction expenses. These deposits can effectively be incorporated as 'free equity' within the project, resulting in a substantial reduction in holding costs for developers and a notable enhancement of returns on investment

4.) Highly Experienced Developer Newgard Development Group boasts a wealth of experience with a robust track record exceeding $2.5 billion, with a particular emphasis on South Florida markets. They have successfully implemented the Nattivo concept in other cities and anticipate replicating the same level of success in this burgeoning locale.

*All renderings are subject to change

32.

READY TO INVEST?

How to Invest - Step by Step Create an

1.)

Account Register through our

Accreditation

2.)

Letter Upload a 3rd party

Review

3.)

Documents All pertinent deal

investor portal on

accreditation letter to your

documents are located in

erichmartingroup.com

profile

the investor portal.

Sign

4.)

Documents You can sign the documents in the portal or request them via Docusign.

5.)

Wire Funds Wire in your investment amount. Wiring instructions can be found in the portal.

If you need assistance in finalizing your investment, or have any additional questions, please reach out to matt@erichmartingroup.com

Contact Us

Matt Nusbaum

Ian Djuric

Managing Partner

President

Erich Martin Group MATT@ERICHMARTINGROUP.COM

Blake Capital Group IAN@BLAKECAPITALGROUP.COM

Appendix (I) Design and Renderings

*All renderings are subject to change

PROJECT RENDERINGS

South West View *All renderings are subject to change

South East View

PROJECT RENDERINGS

North West View *All renderings are subject to change

North East View

37.

PROSPECTIVE DESIGN - STREET LEVEL

38.

PROSPECTIVE DESIGN - LEVEL 7; AMENITIES

39.

PROSPECTIVE DESIGN - TYPICAL LEVEL

40.